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BGF`s ann: Banking Facility

Document date:  Fri 12 Apr 2002
Published:  Fri 12 Apr 2002 14:44:53
Document No:  189177
Document part:  A
Market Flag:  N
Classification:  Other

BALLARAT GOLDFIELDS NL                        2002-04-12  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Ballarat Goldfields NL (ASX code BGF) advises that the overdraft
facility in place with ANZ Banking Group Limited has again been
extended as a result of its regular review between the company and
its bankers. The facility has been extended from 31 March 2002 until
31 May 2002, at which time the next review will take place.

Further inquiries may be made to:

Mr A Woskett
MANAGING DIRECTOR
Ph:    03 5333 5444